Bookbot

George Selgin

    Financial Stability Without Central Banks
    • Financial Stability Without Central Banks

      • 88 páginas
      • 4 horas de lectura

      This book shows how a system of private banks without a central bank can bring about financial stability through self-regulation. If one bank stretches credit too far, it will be reined in by the others before the system as a whole gets out of control.

      Financial Stability Without Central Banks2018
      3,7